> A majority of borrowers who together hold about $400 billion in federal student debt made no payment on their loans in the pandemic era, taking full advantage

> A majority of borrowers who together hold about $400 billion in federal student debt made no payment on their loans in the pandemic era, taking full advantage of a freeze put in place at the onset of the Covid-19 crisis. That seems rational. Emphasis mine: > Data from the Federal Reserve show that 60% of borrowers who qualified for forbearance didn’t make a single payment from August 2020 through December 2021. If those people were businesses, outlets like Bloomberg would be lifting their glasses of brandy to their good sense. "I say, good show, old sport!"